Datamatics Global Services has announced the approval of a Scheme of Amalgamation to merge its wholly-owned subsidiaries, Dextara Digital and Datamatics Cloud Solutions, into the parent company. Furthermore, the Board has recommended a final dividend of Rs. 5 per equity share (100%) for the financial year ended March 31, 2026. The board meeting also confirmed the re-appointment of Mr. Rahul L. Kanodia as Vice Chairman and CEO for another five-year term.
Financial Highlights
The company reported robust performance for the quarter and year ended March 31, 2026. The consolidated revenue from operations reached Rs. 1,987.15 crore for the full financial year, with a net profit of Rs. 194.95 crore. The Board of Directors has recommended a final dividend of Rs. 5 per share, reflecting a payout ratio of 100% on the face value of the equity shares, subject to shareholder approval.
Strategic Corporate Restructuring
In a move to simplify its group structure and enhance operational efficiencies, the Board has approved the Scheme of Amalgamation involving its subsidiaries, Dextara Digital Private Limited and Datamatics Cloud Solutions Private Limited. As these entities are already wholly-owned subsidiaries, the merger will not involve any issuance of new shares, resulting in no change to the current shareholding pattern of the company. The appointed date for the merger is April 1, 2026.
Leadership and Governance
The Board has confirmed the re-appointment of Mr. Rahul L. Kanodia as the Whole-time Director, designated as Vice Chairman & CEO, for a five-year term effective from February 22, 2027, to February 21, 2032. Additionally, the company is moving forward with the appointment of Mr. Hitesh Gajaria and Mr. Navnit Singh as Non-Executive Independent Directors, seeking member approval through a postal ballot.
Segment Performance
The company’s operations are divided into three key segments: Digital Operations, Digital Technologies, and Digital Experiences. The Digital Operations segment emerged as the primary revenue driver, contributing Rs. 1,101.41 crore to the total annual revenue, followed by Digital Technologies at Rs. 626.51 crore and Digital Experiences at Rs. 259.23 crore. This diverse portfolio continues to support the company’s growth across global markets, including significant delivery centers in the USA, India, and the Philippines.
Source: BSE
